Policybazaar.ae Introduces 'PB Advantage'
Policybazaar.ae, a leading online insurance marketplace in the UAE, has launched ‘PB Advantage,’ a comprehensive initiative designed to enhance the health insurance experience for customers. This program introduces innovative features that streamline policy purchases and claims processing, setting new standards in the industry.
30-Minute Claims Assistance: A dedicated claims desk ensures quicker resolutions, aiming to process claims within 30 minutes.
Auto Recharge of Sum Insured: After the first claim, the full coverage amount is automatically restored, providing additional coverage for unrelated illnesses or conditions. For example, an AED 1 million policy used for surgery is recharged with another AED 1 million for future claims.
No Claim Bonus: Adds 10% to the sum assured for each claim-free year, up to a maximum of five years.
The introduction of PB Advantage marks a significant shift from traditional pricing models and discounts, focusing instead on delivering tangible benefits that directly impact customers’ insurance experiences. Features such as quicker claims processing, Auto Recharge, and the No Claim Bonus reflect Policybazaar.ae’s commitment to offering innovative solutions that prioritize customer satisfaction and redefine industry standards.
PB Advantage also offers tailored benefits for Non-Resident Indians (NRIs), addressing their unique needs while visiting India. This includes on-ground claim assistance available in 114 cities, ensuring a seamless experience for NRIs seeking health insurance coverage.
Policybazaar.ae is the UAE’s leading online insurance marketplace, simplifying the insurance process and creating a seamless, easy-to-understand online journey for its customers. The platform offers a wide range of insurance products, including health, term, car insurance, credit cards, and loans, partnering with various insurance and banking companies to provide comprehensive solutions.
| Why in News | Key Points |
|---|---|
| Policybazaar.ae unveils ‘PB Advantage’ in UAE health insurance | 1. PB Advantage offers quick 30-minute claims processing. 2. Auto Recharge of Sum Insured after the first claim. 3. No Claim Bonus adds 10% to sum assured every claim-free year (up to 5 years). 4. Specialized assistance for NRIs in 114 cities in India. |
| Company: Policybazaar.ae | 1. Leading online insurance marketplace in the UAE. 2. Provides a wide range of insurance products (health, car, term insurance). |
| NRI Support | 1. On-ground claims assistance in India for NRIs. |
| Other Services | 1. Partnerships with various insurance and banking companies for comprehensive solutions. |
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